Drilling improves confidence in Garaina

INITIAL drilling at Kusi prospect of Pacific Niugini’s Garaina Gold Project, has added support to the possibility of discovering a large-scale epithermal gold and porphyry copper-gold system. Garaina is in the Owen Stanley Ranges, about 70km southeast of the Hidden Valley mine.

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Deep down similarities

An article looking at parallels between environmental regulation of deep sea mining and Deep Sea Tailings Placement (DSTP) in Papua New Guinea. It has been prepared by Dr Keri Wallace and Dr Tracy Shimmield of SAMS Research Services Ltd (SRSL).

THE Papua New Guinea Government is developing offshore mining legislation that will determine the regulation and policy necessary to administer deep sea mining prospects in PNG territorial waters. The key government aim is to mitigate and manage the environmental impacts of this new industry, so as to further develop the country’s mineral production.

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Coppermoly granted Powell licence

A LONGSTANDING exploration application for Powell tenement in East New Britain has been granted to Coppermoly by PNG’s Minister for Mining for two years. The 763sqkm tenement lies in the Powell Copper Belt, a northwest trending fault structure highly similar to the Kulu-Awit structure containing Coppermoly’s advanced licences and applications in West New Britain.

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Encouraging results from Sewa Bay

HIGHLANDS Pacific has received encouraging nickel laterite assay results from reconnaissance exploration on its Sewa Bay tenements on Normanby Island at the southeast tip of PNG. Nickel laterites encountered have similarities to other ocean arc nickel deposits such as Kurumbakari (Ramu project) in PNG and other nickel projects in Philippines, Indonesia and New Caledonia.

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